How critical is drawer management? Just about every over the counter sale requires interaction with a drawer or type of transaction system where payment can be collected and counted. Therefor the need for efficient and practical drawer management tools are imperative both for ensuring employee fidelity and financial compliance. DataXstream was recently asked by a client if we would build drawer management functionality into our order management solution.
Our technical team has not only built in a drawer management functionality but permits management on a store, plant, and division level. This way, managers have more visibility and control according to the structure of their company. And, as organizational structure changes, these configuration tools can be adapted to reflect the business structure in the organization’s ERP system.
Furthermore, the drawer management system can include safes and stored finances for improved accountability and documentation. The drawer management tool records transactions between an individual drawer with its respective safe as checks and cash are deposited and withdrawn at the beginning, throughout, and closeout of the day. This can be incorporated with company policy to ensure best practices for safe and secure drawer management.
As transactions with customers and the safe are transacted, data is recorded for users, time, and balances which can be used for auditing, compliance, and governance. With improved visibility, leadership can make critical decision about the efficiency of their operations to identify areas of inefficiency and risk. Furthermore, accounting will have more data and control over daily transactions and operations allowing for increasing authenticity for auditing and compliance with company and government requirements.
As SAP Gold Partners, DataXstream is committed to providing future proof solutions on emerging technologies for SAP users in sales and distribution. Our mission is to help our customers be more successful at leveraging their SAP ERP infrastructure and realize a better return on investment. We strive each day and with each customer to be a world-class provider of enterprise solutions for sales and distribution, using proven and emerging technologies architected and deployed by seasoned professionals of the highest degree of integrity and skill.